Bitfinex and Hack VC Back $28M Push for USDT-Powered Stablechain - WorldNL Magazine

Bitfinex and Hack VC Back $28M Push for USDT-Powered Stablechain - WorldNL Magazine

TLDR: Stable raises $28M seed round led by Bitfinex and Hack VC for USDT-focused blockchain. Tether’s Paolo Ardoino joins as advisor, signaling growing institutional interest in stablecoin rails. The chain will use USDT as gas, offering zero-fee payments and sub-second finality. Launch aligns with new U.S. stablecoin regulations and rising institutional payment demand. Stable just closed a $28 million seed round. Bitfinex and Hack VC led the de…

Bitfinex and Hack VC Back $28M Push for USDT-Powered Stablechain - Blockonomi

TLDR: Stable raises $28M seed round led by Bitfinex and Hack VC for USDT-focused blockchain. Tether’s Paolo Ardoino joins as advisor, signaling growing institutional interest in stablecoin rails. The chain will use USDT as gas, offering zero-fee payments and sub-second finality. Launch aligns with new U.S. stablecoin regulations and rising institutional payment demand. Stable just closed a $28 million seed round. Bitfinex and Hack VC led the de…

Bitfinex and Hack VC Co-Lead $28M for Tether-Focused Layer 1, Stable

Quick take: Stable is building a layer-1 blockchain designed for stablecoins, with a specific focus on Tether’s USDT. It aims to eliminate the pain points caused by using composable blockchains for stablecoin transactions, including high fees and long confirmation times. The announcement comes barely two weeks after President Trump signed into law the highly anticipated GENIUS Act, which provides clarity for stablecoins regulation. Stable, a la…